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Validation of Facility Expiry with Loan Maturity Date (Doc ID 2656473.1)

Last updated on FEBRUARY 01, 2022

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.0.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.0.0.0.0 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
System allows the user to attach a Facility to a loan account whose expiry is less than the Loan Maturity date for a Manual disbursement Products

EXPECTED BEHAVIOR
-----------------------
System is expected to not allow the loan account creation which is linked with a Facility having expiry date prior to loan's maturity date

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a CL account of Manual Disbursement Product
2. Link a facility with expiry date lesser than loan's maturity date
3. Save the loan

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users are able to create a CL account of manual disbursement type having expiry date of the Facility lesser than the CL account's maturity date

Changes

 Code modified to throw an override during Account creation if the expiry date of the Facility linked to an Auto disbursement current dated loan is lesser than the loan's maturity date

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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